664 sats \ 3 replies \ @ama 28 Jan \ on: Lightning Wallets: Self-Custody Despite Poor Network - Apps Tested in Zimbabwe lightning
Aqua wallet from Jan3, supporting Bitcoin on-chain, Lightning Network, and Liquid, as second layer, as well as USDT on Liquid, might be a good alternative wallet for such requirements.
It isn't a native LN wallet, but it uses atomic swaps between Liquid and LN to do Lightning transactions through its Boltz integration, which allows for cheaper fees than managing LN channels.
I think that by combining Phoenix with Aqua could be a good solution to handle most LN needs at lower fees.
Liquid is not a second layer. I like Liquid, I use it, but it's a sidechain and I don't like this misleading description by Liquid/Aqua. And yes, Aqua might be a good option, but as you said, it's not a LN self-custody wallet and therefore I didn't include it in this test.
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Liquid is not a second layer
Can you expand on this ?
I understand Liquid is a sidechain but why does being a sidechain preclude it from being a second layer (as you seem to be saying) ?
I did see this part of your article :
Compared to self-custodial Lightning there is more trust involved in using Liquid, because you have to go through intermediaries for the peg-in and peg-out and trust a federation of 15 companies, who are the signers for Liquid transactions, whereas in Bitcoin and Lightning you don‘t have to trust any intermediaries.
Is that part of your argument against it being a second layer ?
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